Fortunately, it’s an easy thing to do with the right software.
Unless you have more money than you need or want, tracking how and where you spend your money is essential. It syncs up seamlessly with my home computer and my husband’s phone. I love that I can take a few seconds to enter a purchase rather than having a pile of entries to make later on in the week. We use the YNAB smart-phone apps (see below) when we’re on the go to record any purchases right away. It’s easy to keep track of bills with YNAB scheduled transactions. Most bills are on auto-pay – I have reminders in YNAB for these and approve them a couple times a week when I balance our accounts. My money management choice for the last 3 years has been an application called You Need a Budget (YNAB).
YNAB 4 KEY SOFTWARE
software such as Quicken or You Need a Budget (affectionately known as YNAB).low-tech – jot down purchases in a small notebook in your pocket.
YNAB 4 KEY HOW TO
Not that I would ever do that… When deciding how to track your expenses, you have several options: Maybe you’ll be pleasantly surprised by your frugality at the grocery store, but you discover you’re wasting an extra $30 a month in library fees. How can you resolve to attack that cell phone bill or switch to a lower rate credit card if you don’t know how much you’re spending there in the first place? If you’re interested in making your money stretch farther (and who isn’t?), you’ve first got to know what you’re doing with it before you can make any real improvements. What is the key reason to track your spending?īe brave.
Everyone (and I mean everyone) should be tracking where their money goes. That’s why I’m writing today to encourage, no urge, you to take this one step (if you don’t already). I blog a lot about household stuff – laundry, chores, how I try to be a good mom – but one of my favorite things to talk about is money and how to manage it.
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